817, Southwest 8th Street, Latin Quarter, Miami, United States
Miami-Dade County, FL 33130
$1,850,000
- Retail
- 947 SF building
- 1,625 SF lot
- $1,954/SF
Highlights
- 947 SF building on a 1,625 SF lot
- Asking $1,954/SF
Property facts
- Price
- $1,850,000
- Price per SF
- $1,954/SF
- Property type
- Retail
- Building size
- 947 SF
- Lot size
- 1,625 SF
About this property
Positioned directly on Calle Ocho (SW 8th Street), the property benefits from exposure to approximately 20,000 vehicles per day and sits within one of Miami’s most densely populated and supply-constrained submarkets. The asset is located just minutes from Brickell, Downtown Miami, and Flagler Street — placing it within immediate proximity to major employment centers and continued urban growth. The property consists of a 950 SF building situated on a 1,625 SF lot. The space is currently demised down the middle, providing flexibility for dual tenancy and diversified income streams. Investors may lease to two tenants to maximize yield, or reposition the asset to capture increasing retail and service demand driven by surrounding residential density. The property sits adjacent to Walgreens and in close proximity to a newly developed multifamily project at 845 SW 8th Street, reinforcing the area’s continued residential intensification and long-term rental demand fundamentals. Zoned T6-8-O, the site allows for Retail, Office, Multifamily, and Mixed-Use development, providing both stable in-place income potential and long-term redevelopment optionality — a rare combination at this price point in the urban core. This offering presents an opportunity to acquire a high-demand urban retail asset in a growth corridor with strong intrinsic land value and zoning flexibility
From the listing broker.
Our estimate
Location
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